SIPC Cases
What is a SIPC liquidation case? What should you do if you are notified
that you need to take action?
If your brokerage firm is put into liquidation, the court-appointed
trustee will notify you and send a claim form and instructions.
You must return the completed claim forms to the trustee within
the time limits set forth in the notice and as described in the
instructions. Failure to do so may result in the loss of all or
a portion of your claim. If you are notified that your brokerage
account has been transferred to another brokerage firm, you should
still file a claim form in order to preserve the right to correct
any errors that may crop up during the transfer of accounts. For
a step-by-step guide to this process, see the SIPC
Claim Form Online Center.
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